Posts tagged with "first home buyers"

10/12/2018

Housing Market Forecast: Your Guide to Buying Property in 2019

Australian home buyers have an abundance of opportunity heading into 2019. We have all seen the slow decline of housing values across the country, mostly due to an oversupplied market, tighter lending conditions, and a general market correction. While recent headlines hint that we are heading into some kind of ‘doom and gloom’ scenario, there […]

First home buyers are clueless about buying process

An alarming 61% of first home buyers failed a basic property buying literacy quiz, compared with only 27% of owner occupiers, and a quarter of investors. Home loan lender ME Bank tested the knowledge of 1,000 Australians who are looking to buy their first home or have already purchased an owner occupied or investment property. But it turns out […]

Everything is about to change for first home buyers

According to new research, everything is about to change for first home buyers. An Aussie Home Loans survey found nearly a third (30 per cent) of buyers taking out a home loan in the next 12 months will be first home buyers. The second largest group applying for a home loan will be refinancers (25 […]

First home buyers’ borrowing capacity could be cut by up to 40%

For those hoping to buy their first home, their mortgage borrowing limits could be dramatically slashed by up to 40% due to damning revelations coming out of the banking royal commission. It has emerged that some banks had been routinely cutting corners on the assessment of borrowers’ living expenses, assuming only a very modest or […]

First home buyers on the rise

Things are looking up for first homebuyers after reports the current housing market is swinging in their favour. According to the Australian Bureau of Statistics, the number of first home buyers entering the property market has reached its highest level in five years. Measures, such as stamp duty concessions, taken by governments in New South […]

Why First Home Buyers Need To Do Their Homework

Let’s be honest. Buying a house is the biggest purchase you’ll probably ever make. But many home buyers are not doing their homework – and the oversights are costing them thousands of dollars. Some of the mistakes include not having finances ready, not reading the contract before signing, and not understanding the all the hidden […]

Host a Home Buyers ‘Lunch & Learn’ at your workplace

A big concern for many Australians is whether they will ever be able to own their own home. Successful Ways are running ‘Lunch and Learn’ programs for Sydney businesses to offer their employees a valuable learning experience. The on-site lunchtime seminar goes for 90 minutes, during which time participants will learn everything they need to know […]

The return of the first home buyer

New data shows the proportion of new entrants taking out a mortgage in June was 15 per cent, up from 14 per cent in May and the highest in two-and-a-half years. “First home buyers are fighting their way back into the market, clearly assisted by the new restriction on loans for investors, that is starting […]